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<br />~~ <br />.,~ <br />~ <br />~ <br /> <br />r}:1>-~ <br /> <br />. - ~ <br />ESTABLISHED APRIL 24. 1882 <br />a <br />~~a Cou.:nty, Colorado ~ <br /> <br />The Selected Project <br /> <br />The Delta Canal Company has decided to proceed with <br />alternative 4. The dirt ditch will be replaced with a concrete canal, <br />with take outs for all share holders. The structure design will carry <br />20 cubic feet per sec. <br /> <br />The NRCS letter approving the project, and the NRCS <br />Assistance notes on design are included in Appendix B. <br /> <br />Water Rights <br /> <br />The Articles ofIncorporation of the Delta Canal Company <br />specify that property ownership in the lateral service area, and <br />holding of Delta Canal Company water shares, along with payment <br />of membership dues provides for membership in the corporation. <br />There are currently 15 shareholders in the Delta Canal Company <br />holding 202 shares of water relating to a required capacity of <br />approximately 26.92 cubic feet per sec. <br /> <br />Water users on the Delta Canal Company system pay cost <br />assessments per year to the Delta Canal Company at the rate of <br />$100.00 per year. Those same water users also pay special <br />assessment to the Delta Canal Company when we have a special <br />project or expense. The special assessment is based on the expense <br />divided by 202 shares. The assessment then is assessed per share <br />to each of the members. <br /> <br />pg. 9 <br />